margefreek schreef op 21 juli 2017 21:35:
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Ook deze analist heeft de klepel horen luiden net als bij KBC et al.
PLA gaat een succes worden omdat er altijd een second suplier moet zijn in order to revert risk and hence to build a business segment. Mulitinationals don't want single source. Current market size of PLA, by Natureworks (Cargill joint venture in Blair, where by the way at the same premises Corbion is also producing Lactic acid) is already 140 kT. Say 2 $/kg.
Corbion has adapted the right strategy regarding PLA.
The issue Corbion is facing is the price omptimalization and detoriating volume growth, something is in Tjerk core backbone seen his history at Genencor. Price optimalization at all cost was his assignment.
He adopts this at Corbion. Wrong. Historically Purac has grown with close to 10% every year.
I'll leave at this stage. Q2 will not be good neither will it be too bad.
Zeg jongens en meisjes hebben jullie nog zin in een liedje?